Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2017.11.047 |
Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis | |
Atalla, Tarek N.1; Gasim, Anwar A.1; Hunt, Lester C.1,2 | |
2018-03-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2018 |
卷号 | 114页码:123-133 |
文章类型 | Article |
语种 | 英语 |
国家 | Saudi Arabia; England |
英文摘要 | Domestic energy prices in Saudi Arabia are set below international market prices. This, coupled with rapid economic and population growth, is believed to have contributed to the rapid growth in domestic energy demand and, recently, affected the government budget in the face of low international oil prices. In December 2015, Saudi Arabia announced increases in domestic energy prices. This paper therefore considers the impacts, focusing on gasoline, by estimating a demand function and using it to estimate the change in social welfare. Gasoline demand is found to be price inelastic suggesting that it may be difficult for the Saudi government to limit future growth in gasoline consumption using only increases in the administered price of gasoline. Thus, limiting future gasoline consumption in the KSA might require improved energy efficiency of passenger cars, increased energy awareness by drivers through education and marketing campaigns, and the provision of alternative transport modes within cities. Although the announced gasoline price increase is not expected to reduce demand considerably, it can deliver estimated welfare increases of up to 1.66 billion 2010 US$ (similar to 6.23 billion 2010 Saudi Arabian Riyals), which is around 0.26% of Saudi gross domestic product. |
英文关键词 | Saudi Arabia Gasoline Demand Structural Time Series Model Underlying Energy Demand Trend Subsidies Welfare |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000424962800013 |
WOS关键词 | UNDERLYING ENERGY DEMAND ; TIME-SERIES ANALYSIS ; TRANSPORTATION DEMAND ; NONECONOMIC FACTORS ; PETROLEUM-PRODUCTS ; OIL DEMAND ; UK ; TRENDS ; ELASTICITIES ; METAANALYSIS |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/18304 |
专题 | 气候变化 |
作者单位 | 1.KAPSARC, Riyadh, Saudi Arabia; 2.Univ Portsmouth, Econ & Finance, Portsmouth, Hants, England |
推荐引用方式 GB/T 7714 | Atalla, Tarek N.,Gasim, Anwar A.,Hunt, Lester C.. Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis[J]. ENERGY POLICY,2018,114:123-133. |
APA | Atalla, Tarek N.,Gasim, Anwar A.,&Hunt, Lester C..(2018).Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis.ENERGY POLICY,114,123-133. |
MLA | Atalla, Tarek N.,et al."Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis".ENERGY POLICY 114(2018):123-133. |
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